Today's Market

Why are stocks up (or down) and what does the latest Nvidia news mean? Today’s Market will answer those questions and keep you informed about big stock market movers. We’ll also tell you about the latest Fed moves, what stocks Warren Buffett is buying, and which stocks look primed for a short squeeze. Today’s Market is the perfect pairing of InvestorPlace’s expert financial advice and critical stock and crypto news.

Top Stories

Market News

Short Seller Spruce Point Says FIGS Stock Can Plunge 60% From Here

By Eddie Pan, InvestorPlace Financial News Writer
Shares of Figs are trading lower following the release of a short report by Spruce Point. FIGS stock is down over 55% YTD.

Why Is Spero Therapeutics (SPRO) Stock Up 15% Today?

By William White, InvestorPlace Writer
Spero Therapeutics (SPRO) stock is climbing higher on Wednesday thanks to positive feedback from the U.S. Food and Drug Administration (FDA).

Why Are Software Stocks Climbing Higher Today?

By Dana Blankenhorn, InvestorPlace Contributor
What's going on with software stocks today? Bargain hunters honed in on Coupa Software and GitLab as both beat estimates in a down market.

Pinterest (PINS) Stock Pops on Wolfe Research Upgrade

By William White, InvestorPlace Writer
Pinterest (PINS) stock is rising higher on Wednesday after getting an upgrade from Wolfe Research analyst Deepak Mathivanan.

Coupa (COUP) Stock Gains 10% on Strong Earnings, Stock Buyback

By William White, InvestorPlace Writer
Coupa Software (COUP) stock is rising on Wednesday following the release of the tech company's earnings report for its Q2 earnings report.

Why Is UiPath (PATH) Stock Plunging Today?

By Dana Blankenhorn, InvestorPlace Contributor
PATH stock fell 20% as fears of a recession grew in Europe and major brokerages downgraded it. But the business remains sound.

Dear CFVI Stock Fans, Mark Your Calendars for Sept. 15

By Larry Ramer, InvestorPlace Contributor
CFVI stock rallied 14% yesterday on positive comments about the video platform Rumble by Joe Rogan, a famous, and controversial, podcaster. 

Why Is Nio (NIO) Stock in the Spotlight Today?

By Joel Baglole, InvestorPlace Contributor
NIO stock is in the spotlight today after Chinese electric vehicle (EV) maker Nio reported disappointing Q2 results and a hefty net loss.

Today’s Biggest Pre-Market Stock Movers: 10 Top Gainers and Losers on Wednesday

By William White, InvestorPlace Writer
Good morning! It's time for another look at the biggest pre-market stock movers as we see why shares are moving Wednesday morning!

Why Is GME Stock Plunging Ahead of GameStop Earnings?

By Eddie Pan, InvestorPlace Financial News Writer
Shares of GME stock closed lower by 8% ahead of the company's earnings tomorrow. Analyst are expecting YOY revenue growth of 7%.

Should You Short Target (TGT) Stock Now?

By Shrey Dua, InvestorPlace Senior Financial News Reporter
Target is dealing with backlash stemming from a recent Hedgeye piece arguing the company is prime for a short. TGT stock is down on the day.

Binance Drops Support for Market-Leading Stablecoin USDC

By Brenden Rearick, InvestorPlace Financial News Writer
Binance announced today that it would be dropping support for USDC, one of the most-traded stablecoins on its platform.

Rivian (RIVN) Stock Gains Despite EV Recalls

By Samuel O'Brient, InvestorPlace Reporter
Rivian and Ford have both issued EV recalls today. Here's why RIVN stock won't be pushed down by this news.

What Is Going on With HyreCar (HYRE) Stock Today?

By Eddie Pan, InvestorPlace Financial News Writer
HYRE stock is exploding higher after HyreCar announced that it had received a $100 million revolving line of credit from two parties.

Why Is Enphase Energy (ENPH) Stock Rising 5% Today?

By Chris MacDonald, InvestorPlace Contributor
Today, investors in Enphase and ENPH stock are cheering yet another announcement tied to the company's European expansion.

Shuttle Pharmaceuticals (SHPH) Stock Soars 70% After Its IPO

By Chris MacDonald, InvestorPlace Contributor
Today, investors in SHPH stock appear to be pushing the price of this speculative stock higher, but buyers should beware on this one.

BBBY Stock: What to Know About New Bed Bath & Beyond CFO Laura Crossen

By Eddie Pan, InvestorPlace Financial News Writer
Following the tragic passing of former CFO Gustavo Arnal, CAO Laura Crossen will take his place and keep her current role.

KR Stock: 3 Key Things to Watch as Kroger Reports Earnings Sept. 9

By Josh Enomoto, InvestorPlace Contributor
Although Kroger has a long track record of earnings beats, nothing is guaranteed for KR stock ahead of Friday’s Q2 disclosure.

Russia Crypto News: Bank of Russia Backtracks on International Crypto Payments

By Brenden Rearick, InvestorPlace Financial News Writer
This week's Russia crypto news sees the country once again discussing crypto payments, presumably to evade sanctions from the U.S. and Europe.
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